Ocasio Cortez suit

Alexandra Ocasio-Cortez and the $3,500 Suit

– September 17, 2018

It should come as no surprise that in a political/economic system helmed by an elite that the trappings of a ruling class inevitably follow.

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shopping

The Market Democracy vs. Democratic Socialism

– September 5, 2018

Under a regime of democratic socialism, for an individual to have the opportunity for any such changes in many aspects of life, it would be necessary for him to change enough other minds that the next time voting is held on these issues, new decisions would be made about these everyday matters.

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slicesofcake

Distribution in Markets Is Always Just

– August 31, 2018

It is simply false to think that production and distribution can be separated, much less that they should be.

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socialistdreams

Democratic Socialism Is Poetry, Not Economics

– August 27, 2018

It is not serious thought to go around simply demanding that everything be free. That demand solves no problem that has occupied the world of economics for a thousand years. Try to implement it and someone, everyone, is going to pay – long lines, impossible high taxes, hyperinflation, material deprivation – and not through choice.  

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MG_1215

Over Half of Millennials Identify as Socialist. Here’s How to Change Their Minds.

– December 15, 2017

How does one make the case for capitalism to young Americans who identify as socialist?

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Venezuela: Socialism, Hyperinflation, and Economic Collapse

– March 1, 2017

The socialist Bolivarian Revolution in Venezuela led by its late president, Hugo Chávez, appears to have failed. The Venezuelan economy has collapsed and hyperinflation has destroyed the country’s currency. The economy contracted over 10 percent in 201 …

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